Hagag Development Europe buys stake in Bucharest mixed-use building
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
Geld Capital Management and its subsidiary, Repaco Capital, have delivered the Curtea de Argeș Retail Park, boasting a total leasable area of 6,100 sqm.
The Romanian residential real estate market experienced a slowdown in Q1 2025, with sales decreasing both in Bucharest and nationwide, according to a recent analysis by SVN Romania.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.
WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project.
The coworking market in Romania has over 100 projects in operation across Bucharest and regional cities, and the demand for flexible spaces is expected to grow over the continuation of the hybrid work arrangements.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.
Romanian developer Redport is teaming up with local businessman Dan Șucu, the Founder and Shareholder of Mobexpert Group, for a new residential development worth €50 million in Bucharest.
Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.
The European Bank for Reconstruction and Development (EBRD) has signed a synthetic securitisation deal with UniCredit Bank.
President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe to support its development pipeline in Serbia, Poland, Romania, and Czechia.
The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.
Global IT service provider Sigma Software Group has announced the opening of its first engineering hub in Romania, marking a significant expansion of its European presence.
Every index of the Bucharest Stock Exchange recorded a decline at the beginning of the trading day on Monday.
Romanian developer Ima Residence, controlled by local entrepreneur Claudiu Diaconu, is launching a new boutique project in Pipera, northern Bucharest, backed by a €15 million euro investment.
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
The average dividend yield proposed for shareholders' voting for a selection of companies within the BETPlus index is 4.8%, according to a Tradeville report.
SmartBill, the local provider of billing and management software solutions part of Visma group, has announced the appointment of Alex Leca as its new CEO.
Remus Vulpescu will be the new CEO of the Bucharest Stock Exchange (BVB) starting this summer, following a board decision
The European Bank for Reconstruction and Development (EBRD) has announced the launch of an international tender to find new investors for Giurgiulești International Free Port.
The Environment Fund Administration (AFM) has announced that 26 recycling plants are set to be built in Romania, backed by funding of RON 674.75 million.